Tata Global Beverages Limited’s $14 Million Acquisition of Dhunseri Tea & Industries Limited Branded Tea Business


Khaitan & Co advised Dhunseri Tea & Industries Limited on the deal

Dhunseri Tea & Industries Limited executed the sale of its branded tea business through a slump sale on a going concern basis to Tata Global Beverages Limited for a total consideration of INR 101 crore (USD 14 million approx.).

The branded tea business of Dhunseri Tea & Industries Limited is being carried out under the brands ‘Lalghoda’ and ‘Kalaghoda’ which are among the leading local brands in Rajasthan and popular across India.

Khaitan & Co advised Dhunseri Tea & Industries Limited on the transaction with a team including Haigreve Khaitan (Picture), Anuj Shah, Supratim Chakraborty, Shourya Sengupta, Riya Dutta (M&A), Arvind Baheti (VAT Taxes), Adheesh Nargolkar, Shailendra Bhandare and Gautam Banerjee (IP&IT).

Involved fees earner: Arvind Baheti – Khaitan & Co.; Shailendra Bhandare – Khaitan & Co.; Supratim Chakraborty – Khaitan & Co.; Haigreve Khaitan – Khaitan & Co.; Adheesh Nargolkar – Khaitan & Co.; Anuj Shah – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Dhunseri Tea & Industries Limited;